Undergraduate International Student Enrollment Forecasting Model: An Application of Time Series Analysis
DOI:
https://doi.org/10.32674/jis.v9i1.266Keywords:
enrollment management, SARIMA model, time series analysis, international studentsAbstract
This study developed statistical models to forecast international undergraduate student enrollment at a Midwest university. The authors constructed a SARIMA (Seasonal Autoregressive Integrated Moving Average) model with input variables to estimate future enrollment. The SARIMA model reflected enrollment patterns by semester through highlighting seasonality. Further, authors added input variables such as visa policy changes, the rapid increase of Chinese undergraduate enrollment, and tuition rate into the model estimation. The visa policy change and the increase of Chinese undergraduate enrollment were significant predictors of international undergraduate enrollment. The effect of tuition rates was significant but minimal in magnitude. Findings of this study generate significant implications for policy, enrollment management, and student services for international students.
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